Tag: Swedish clothing retailer

H&M's third-quarter operating profit fell to 3.51 billion kronor, missing analyst expectations, amid increased competition and changing consumer preferences.(Bloomberg)
Posted in Business

H&M won’t hit profit target. Why? Cold weather in Europe

Sep 26, 2024 12:37 PM IST H&M unlikely to meet 10% operating margin target this year due to poor summer sales in Europe, despite some…

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